ICICI Bank Rubyx American Express Credit Card: Best Railway Lounge Card?

ICICI Bank Rubyx American Express Credit Card: Best Railway Lounge Card?

Offers Competitive Travel Benefits for Railway Users

Good for

  • Railway Users
  • Travellers seeking lounge access at railway stations

Bad for

  • Consumers that do not use the railway
  • Consumers looking for a card to use on utility bills

Editor's Rating

4.0/5.0

The ICICI Bank American Express Rubyx Card is a great option for frequent travellers interested in railway lounge access. For instance, the card offers 2 railway lounge visits per quarter. Similarly, the card offers 2 domestic airport lounge visits per quarter. Further, the ICICI Bank Rubyx American Express Credit Card has an elevated rewards rate of 1.5% (6 points per Rs. 100, 1 Reward Point = Rs. 0.25) on overseas spending, a slightly above averageThis card is not among the best in regards to its rewards rates; however, it is a solid card for overseas spending and offers the best railway lounge access.

ProsCons
  • 1.5% rewards rate on overseas spending
  • 2 domestic railway lounge visits per quarter
  • Buy 1 get 1 free tickets on BookMyShow (up to 2 per month)
  • Can waive Rs. 2,000 annual fee with annual spends of R. 300,000
  • 0.25% rewards rate on utility bill and insurance spending
  • Joining fee: Rs. 3,000
Promotions:
  • Joining Bonus: Receive shopping and travel worth ₹ 5,000 within 30 days of joining
  • Anniversary Bonus: 3,000 PAYBACK Points on spending ₹ 300,000 on your card and 1,500 PAYBACK Points each time you cross ₹ 100,000 spend thereafter in an anniversary year; maximum of 15,000 PAYBACK points per year
Card Overview
Pros:
  • 1.5% rewards rate on overseas spending
  • 2 domestic railway lounge visits per quarter
  • Buy 1 get 1 free tickets on BookMyShow (up to 2 per month)
  • Can waive Rs. 2,000 annual fee with annual spends of R. 300,000
Cons:
  • 0.25% rewards rate on utility bill and insurance spending
  • Joining fee: 3,000
Promotions:
  • Joining Bonus: Receive shopping and travel worth ₹ 5,000 within 30 days of joining
  • Anniversary Bonus: 3,000 PAYBACK Points on spending ₹ 300,000 on your card and 1,500 PAYBACK Points each time you cross ₹ 100,000 spend thereafter in an anniversary year; maximum of 15,000 PAYBACK points per year

What Makes The ICICI Bank Rubyx American Express Card Stand Out?

The ICICI Bank American Express Rubyx American Express Card is a great option for frequent railway travellers that are interested in obtaining access to lounges at railway stations. Cardholders are eligible for 2 domestic railway lounge visits and 2 domestic airport lounge visits per quarter. Furthermore, the ICICI Bank Rubyx American Express Credit Card has an elevated rewards rate of 1.5% (6 points per Rs. 100, 1 Reward Point = Rs. 0.25) on overseas spending and a slightly above average 0.75% (3 points per Rs. 100, 1 Reward Point = Rs. 0.25) on general spending rate.. However [something here about you shouldn't pick this card for its rewards rates]

Additionally, the card offers solid movie perks. For instance, with BookMyShow, the cardholder is eligible to two free movie tickets through the buy 1 get 1 free promotion per month. Notably, the ICICI Rubyx Amex Card earns cardholders a 50% higher general rewards rate than its MasterCard counterpart. As a result of these rates and features, this is a solid card for any frequent railway user looking for an option that offers good railway lounge access as well as overseas spending rewards; however, it offers lower rewards rates than other top cards.

How Does the ICICI Bank Rubyx American Express Credit Card’s Rewards Program Work?

The Rubyx Amex Card’s reward program is called ICICI PAYBACK, where cardholders earn points through their spending. Points allocated can vary from card to card due to different rewards rates on different spending categories. For instance, the card earns 3 points per Rs. 100 of general spending, 6 points per Rs. 100 of overseas spending and 1 point per Rs. 100 of utilities or insurance spending. All of these rates are applied with a redemption rate of 1 point = Rs. 0.25. The ICICI Bank rewards do not expire and have no limit to how much a cardholder can accumulate.

  • 6 points per Rs. 100 on overseas spending
  • 3 points per Rs. 100 on general spending
  • 1 point per Rs. 100 on utilities and insurance spending
  • Reward redemption rate of 1 point = Rs. 0.25
  • No maximum rewards points
  • No expiration date for points

ICICI Bank Rubyx American Express Credit Card's Features and Benefits:

Card Overview
  • Joining Fee: Rs. 3,000
  • Annual Fee: Rs. 2,000
  • Income Requirement: None listed by issuer
  • Age Requirement: None listed by issuer
Rewards Rate Details
  • 6 points per Rs. 100 on overseas spending
  • 3 points per Rs. 100 on general spending
  • 1 point per Rs. 100 on utilities and insurance spending
  • Reward redemption rate of 1 point = Rs. 0.25
Benefits & Perks
  • 1.5% rewards rate on overseas spending
  • 2 domestic lounge visits per quarter
  • Buy 1 movie ticket and get 1 free for tickets booked on BookMyShow (up to 2 per month)
Promotions:
  • Joining Bonus: Receive shopping and travel worth ₹ 5,000 within 30 days of joining
  • Anniversary Bonus: 3,000 PAYBACK Points on spending ₹ 300,000 on your card and 1,500 PAYBACK Points each time you cross ₹ 100,000 spend thereafter in an anniversary year; maximum of 15,000 PAYBACK points per year

ICICI Bank Rubyx American Express Credit Card Rewards Exclusions

The following credit card expenditures are ineligible for rewards:

Cash Advances or cash withdrawals at ATMsAnnual fees charged for the cards
Interest or finance charges levied on card outstandingLate payment and collection charges
Fees and charges levied and reversed from card accountsCharges incurred but not yet submitted by the merchant or posted to your credit card account
EMI transactionsCharges for dishonored cheques
Financial chargesDelinquency charges
Late payment chargesService charge and any other fee/charge that may be levied by the ICICI Bank from time to time

How Does ICICI Bank Rubyx American Express Credit Card Compare Against Other Cards?

Read our comparisons of the ICICI Bank Rubyx American Express Credit Card:

ICICI Bank Rubyx American Express Card vs. IRCTC SBI Platinum Card

Consider this if you want IRCTC vouchers as your credit card reward

Age Requirement None listed by issuer
Annual Income Requirement None listed by issuer

The IRCTC SBI Platinum Card is the best credit card for railway bookings. The card offers a 10% cashback (12.5 points per Rs. 125, 1 Reward Point = Rs. 0.25) for all railway ticket bookings done on AC1, AC2, AC3 and AC CC, the best in the market. As for the Rubyx Amex Card, the rate that would be applied on ticket bookings would be the general spend rate of 0.75% (3 points per Rs. 100, 1 Reward Point = Rs. 0.25). Additionally, the IRCTC Platinum Card has a higher general spending rewards rate (0.80%; 1 point per Rs. 125, 1 Reward Point = Rs. 0.25). However, the IRCTC Platinum Card does not offer any lounge access whereas the Rubyx Amex Card offers 2 domestic railway lounge visits per quarter. Therefore, if you are looking for a great cashback option for railway tickets IRCTC Platinum would suit you best. On the other hand, if you are seeking railway lounge access, we would recommend the Rubyx Amex Card.

ICICI Bank Rubyx American Express Card vs. JetPrivilege HDFC Bank Diners Club Card

Consider this if you are interested in a primary card to also use for travelling rewards

Age Requirement 21-60 (65 if self-employed)
Annual Income Requirement None listed by issuer

The JetPrivilege HDFC Bank Diners Club Credit Card is one of the best travel cards on the market. For example, the card earns a rewards rate of 4.8% (16 InterMiles per Rs. 150, 1 point = 1 InterMile = Rs. 0.45) when booking on InterMiles. On all other spending, the card earns 2.4% (8 InterMiles per Rs. 150, 1 point = 1 InterMile = Rs. 0.45), more than the 0.75% (3 points per Rs. 100, 1 Reward Point = Rs. 0.25) offered by the Rubyx Amex Card. In terms of airport lounge visits, the JetPrivilege Card offers unlimited access through the Diners Club, whereas the Rubyx Card offers just 2 domestic airport lounges. On the other hand, the JetPrivilege Card does not offer any railway lounge visits. Still, the JetPrivilege Card is one of the best cards for most travellers, whereas the ICICI Rubyx card is best for frequent rail travellers who prefer railway lounge access.

ICICI Bank Rubyx American Express Card vs. HDFC Bank Bharat Card

Consider this if you are interested in receiving great cashback across multiple categories

Age Requirement 21-60 (65 if self-employed)
Annual Income Requirement Rs. 144,000 (Rs. 200,000 if self-employed)

The HDFC Bank Bharat Card is a solid cashback card for railway bookings and general spending. For instance, the card offers 5% cashback on railway tickets, groceries, online shopping, travel, fuel, mobile recharge and bill pay. This is a better rate than the 0.75% (3 points per Rs. 100, 1 Reward Point = Rs. 0.25) offered by the Rubyx Amex Card. In terms of railway lounge access, the Rubyx Amex Card offers 2 domestic railway lounge visits per quarter, whereas the Bharat Card offers none. As a result, we would recommend the Bharat Card for consumers looking to acquire a card to spend on multiple categories with higher cashback on railway spends; however, we would recommend the Rubyx Amex Card for those mostly interested in lounge visits.

ICICI Bank Rubyx American Express Card vs. ICICI Bank Sapphiro American Express Card

Consider this if you are a frequent flyer and prefer airport lounge access

Age Requirement None listed by issuer
Annual Income Requirement None listed by issuer

The Sapphiro Amex Card is a great option for consumers looking for a relatively low-fee card that offers good overseas spending rewards and airport lounge access. Similar to the Rubyx Amex Card, the card earns 1.5% (6 points per Rs. 100, 1 Reward Point = Rs. 0.25) on overseas spending. The general spending rate of 0.75% (3 points per Rs. 100, 1 Reward Point = Rs. 0.25) is also the same. The differences between the two cards are the travel perks. The Sapphiro Amex Card offers 4 domestic lounge visits per quarter, 2 annual domestic airport spa visits and 2 annual international airport lounge visits, which is more airport focused. However, the Rubyx Amex Card offers 2 domestic railway lounge visits per quarter and 2 domestic airport lounge visits per quarter. As a result, if you tend to fly often and want a relatively low-fee card, the Sapphiro Amex Card may be a suitable option; however, if you tend to use the railway and require domestic railway lounge access, we recommend the Rubyx Amex Card.

Sahmi Chowdhury

Sahmi is a Junior Research Analyst specialising in credit cards and insurance in India. He previously worked in the financial services sector at Brown Brothers Harriman and True Capital Management.